is planning to consolidate its leasing businesses in Bulgaria,
Romania and Macedonia into a new unit.
Eurohold plans to merge the three leasing companies, whose
combined market value is estimated at €13.1 million, into a
Dutch-based subsidiary, Eurolease Holding. The group’s shareholders
will vote on the proposal at an extraordinary meeting on October
27.
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Last month, some €200 million was made available to the
Eurohold’s Bulgarian leasing arm through securitization of
receivables by Deutsche Bank, as part of the long-term development
strategy of Eurohold Bulgaria to achieve synergy between the
companies in its structure.
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